4/20 Catherine StreetMccrae VIC 3938
Property Details for 4/20 Catherine St, Mccrae
4/20 Catherine St, Mccrae is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 191m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (June 2022)
Auction Location: ON SITE
Occasionally a rare opportunity presents itself because of what & where it is. This freestanding brick veneer is in sound condition for its age with a huge upside to refresh or completely refit.
Very neat presentation highlights this rear unit, one of just four offering features that you just will not find elsewhere. 2 bedrooms, lounge & separate dining nook, refitted kitchen & bathroom, integrated heating & cooling this is a small package that is big on features. A very pleasing, green aspect back to Arthurs Seat plus loads of natural light beam through the living area.
Rear access to the laneway linking you to Eddystone Avenue and the majestic foreshore of McCrae is a rare bonus. The rear yard is proportionately large with room for a small boat but equally nice as the paved, north orientated outdoor entertaining area.
The key advantages of the village of McCrae are in such close proximity to the property with cafes, dining, shopping and the beach lifestyle all within 500m.
An excellent rent return is assured for the pure investor. Equally the property would be ideal as a secure, rear unit for an older couple to relax into or an enterprising young couple to work on.
Property History for 4/20 Catherine St, Mccrae, VIC 3938
- 23 Apr 2022Sold for $853,000
- 29 Mar 2022Listed for Sale Auction this Saturday - 10:30am
- 01 Feb 2012Sold for $399,000
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About Mccrae 3938
The size of Mccrae is approximately 4.3 square kilometres. It has 8 parks covering nearly 23.8% of total area. The population of Mccrae in 2011 was 2,543 people. By 2016 the population was 2,836 showing a population growth of 11.5% in the area during that time. The predominant age group in Mccrae is 60-69 years. Households in Mccrae are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mccrae work in a professional occupation. In 2011, 80.4% of the homes in Mccrae were owner-occupied compared with 77% in 2016.
Mccrae has 2,548 properties. Over the last 5 years, Houses in Mccrae have seen a 38.01% increase in median value, while Units have seen a 31.91% increase. As at 31 October 2024:
- The median value for Houses in Mccrae is $999,529 while the median value for Units is $815,296.
- Houses have a median rent of $650 while Units have a median rent of $510.
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